CVC Income & Growth Limited (LON:CVCE) Insider Acquires £8,391.35 in Stock

CVC Income & Growth Limited (LON:CVCE) insider Esther Gilbert bought 6,935 shares of the company’s stock in a transaction on Tuesday, February 11th. The shares were acquired at an average price of GBX 121 ($1.51) per share, with a total value of £8,391.35 ($10,448.70).

CVC Income & Growth Trading Up 0.8 %

Shares of LON CVCE traded up GBX 0.01 ($0.00) during midday trading on Wednesday, hitting GBX 1.09 ($0.01). The company’s stock had a trading volume of 69,770 shares, compared to its average volume of 39,110. The business’s 50 day moving average is GBX 1.07 and its two-hundred day moving average is GBX 1.03. CVC Income & Growth Limited has a 12-month low of GBX 0.91 ($0.01) and a 12-month high of GBX 1.11 ($0.01). The firm has a market cap of £1.14 million and a P/E ratio of 21.88.

CVC Income & Growth Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be paid a €0.02 ($0.03) dividend. This is a positive change from CVC Income & Growth’s previous dividend of $0.02. The ex-dividend date of this dividend is Thursday, February 6th. This represents a yield of 2.28%. CVC Income & Growth’s dividend payout ratio (DPR) is presently 14,000.00%.

About CVC Income & Growth

CVC Income & Growth Limited is a closed-ended fixed income mutual fund of fund launched by Goldman Sachs International. The fund is managed by CVC Credit Partners Investment Management Ltd. It invests in the fixed income markets of Western Europe. The fund seeks to invest in securities of companies across diversified sectors.